Ryde Group Income Statement

Financials in millions SGD. Fiscal year is January - December.

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	10.32	8.95	8.67	8.83	6.2
Revenue Growth (YoY)	32.15%	3.26%	-1.79%	42.45%	-
Cost of Revenue	5.55	4.6	6.81	7.53	4.22
Gross Profit	4.78	4.35	1.85	1.29	1.98
Selling, General & Admin	4.46	12.62	9.01	2.05	1.47
Depreciation & Amortization Expenses	0.61	0.56	0.4	0.3	0.27
Other Operating Expenses	9.78	9.88	4.95	4	1.79
Total Operating Expenses	14.85	23.05	14.37	6.34	3.54
Operating Income	-10.08	-18.7	-12.51	-5.05	-1.56
Interest Expense	0.01	0.08	0.45	0.2	0.12
Total Non-Operating Income (Expense)	0.01	0.08	0.45	0.2	0.12
Pretax Income	-9.98	-18.68	-12.87	-4.96	-1.24
Provision for Income Taxes	0.03	-	-	-	-
Net Income	-9.93	-18.65	-12.83	-4.92	-1.23
Minority Interest in Earnings	-0.02	-0.03	-0.04	-0.04	-0.01
Net Income to Common	-9.93	-18.65	-12.83	-4.92	-1.23
Shares Outstanding (Basic)	34	26	257	123	25
Shares Outstanding (Diluted)	34	26	257	123	25
Shares Change (YoY)	-90.85%	-89.75%	108.44%	399.90%	-
EPS (Basic)	-0.29	-0.71	-0.05	-0.04	-0.05
EPS (Diluted)	-0.29	-0.71	-0.05	-0.04	-0.05
Free Cash Flow	-4.32	-11.76	-1.62	-3.86	-0.14
Free Cash Flow Per Share	-	-	-0.12	-0.33	-0.01
Gross Margin	46.27%	48.61%	21.39%	14.63%	31.88%
Operating Margin	-97.63%	-208.95%	-144.36%	-57.24%	-25.21%
Profit Margin	-96.35%	-208.66%	-148.48%	-56.20%	-20.02%
FCF Margin	-41.85%	-131.41%	-18.63%	-43.69%	-2.23%
EBITDA	-9.46	-18.14	-12.11	-4.75	-1.29
EBITDA Margin	-91.68%	-202.70%	-139.73%	-53.82%	-20.81%
EBIT	-10.08	-18.7	-12.51	-5.05	-1.56
EBIT Margin	-97.63%	-208.95%	-144.36%	-57.24%	-25.21%
Effective Tax Rate	-0.32%	0.00%	0.00%	0.00%	0.00%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q